May 26, 2013
by Patrick
Comments Off on Shifting Excess Capacity Into More Leisure Time
ObamaCare will have the effect of introducing a European ideology of using the benefits of mass production to allow workers to have more leisure time instead of encouraging more consumption. This will allow consumption to be in equilibrium with safe … Continue reading
April 24, 2013
by Patrick
Comments Off on Dope Sheets: Twitter Crash
The biggest story of the day is being portrayed as a “pop from Twitter Crash.” The markets were on a stop hunt. Wreckage from the twitter hack could be seen on Twitter immediately after the 4 minute crash in the … Continue reading
April 16, 2013
by Patrick
Comments Off on Market Wrap: All That Glitters is Golden
The headlines stress the fall in gold is the largest since 1980. This date has no significance. The price is all that matters right now and it still hasn’t shown support. The bombing in Boston was a truly terrible way … Continue reading
January 20, 2013
by Patrick
Comments Off on 4 BP Workers Possibly Dead in Algerian Attacks
BP PLC said 14 of its 18 expatriate workers at the site were safe, but Chief Executive Bob Dudley added: “Tragically, we have grave fears that we are likely to have suffered one or more fatalities.” – Wall Street Journal … Continue reading
October 28, 2011
by Patrick
Comments Off on Trading the Red Hat Break Out
We’ve got a significant breakout from long-term resistance in RHT. Here’s how to trade it:
September 25, 2011
by Patrick
Comments Off on Weekend Dope Sheets
We’re back at support. Normally, we buy close to support, but this time, the odds don’t favor many stocks. However, at the end of the video, I show the only sector that is worth a shot. It’s actually a classic, … Continue reading
August 23, 2011
by Patrick
Comments Off on Looking for upside
So we will know Tuesday morning if we have a tradable bottom. I think we do:
August 22, 2011
by Patrick
Comments Off on If we don’t break last week’s lows…
Sell call spreads on any rally towards 1200 on the SPX. We need to break down further to wash out the technical traders. I fully expect a sharp bounce right after a break. I see anecdotally that many short puts … Continue reading
August 15, 2011
by Patrick
Comments Off on Silver Lining
This weekend’s Dope Sheets (dope sheets are handicapping scratch-pads used at the horse- track used for identifying winners) were depressing. Here’s for ending on an up note: CREE- led the way up. It was the first to roll over. It’s … Continue reading
July 25, 2011
by Patrick
Comments Off on The Dope Sheets- sector review edition
Here’s this weekend’s Dope Sheets update (dope sheets are handicapping scratch pads used at the horse track). It’s a 4 part video.